Mastercard and African Development Bank Group reveal digital access plan
Mastercard and the African Development Bank Group have partnered to extend digital access to critical services in Africa over the next 10 years.
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Tag: digital inclusion
EDISON Alliance releases digital inclusion impact report for 2024
The EDISON Alliance has released its second Annual Impact Report while four new countries have joined the network to increase digital inclusion.
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IndusInd Bank launches corporate credit card on RuPay network
The IndusInd Bank eSvarna card has been launched on RuPay network and is said to be India’s first corporate credit card to integrate UPI functionality.
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Esselina Macome: “Knowledge is the most urgent issue in driving financial inclusion”
Esselina Macome, CEO of Financial Sector Deepening Mozambique, explains to Seamless Xtra why increasing knowledge and trust, promoting innovation, and green finance are key next steps in Mozambique’s journey toward comprehensive financial inclusion
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The Reserve Bank of India adds features to UPI payments system
The Reserve Bank of India (RBI) has launched several new UPI-based digital payment features including Credit Line on UPI, UPI LITE X and Tap & Pay, and Conversational Payments.
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Nigeria’s Wema Bank teams up with Enza to boost e-commerce services
The partnership is seen is a further step in the digital transformation journey of Wema Bank, which has been operating Nigeria’s largest digital banking system, ALAT By Wema since 2019.
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India Central Bank outlines plans for AI-powered instant payments
The Reserve Bank of India plans to use the language abilities of artificial intelligence to introduce “Conversational Payments” in UPI, building on a system that has transformed the digital payment landscape in India
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Study: Digital ID can have significant economic impact on marginalised groups
The research focused on four marginalised population groups in the Cote d’Ivoire, Rwanda and South Africa and found that there are several life situations that a digital-ID framework can impact for the better,
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Fiserv removes the wait for physical debit cards
Digital Issuance from Fiserv allows an electronic card to be added immediately to a digital wallet eliminating the need to wait for a physical card to be mailed out, received and activated.
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Report: CBDC transactions to more than double in next seven years
Emerging economies with high levels of mobile penetration will see the biggest change in access to digital payments by 2030
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M-PESA boosts global remittance market with Amazon partnership
M-Pesa is looking to replicate its African success in new markets as the global demand for remittance services heats up
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Visa teams up with Nigerian agri-fintech to support farmers
The collaboration aims to transform commerce and trade opportunities for Africa’s farmers and SME businesses
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Al Fardan Exchange expands digital wallet options in Africa and Asia
The expansion comes within the framework of UAE Innovation Month, which is aiming to create solutions and initiatives that can help advance society
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Paymob and Khazna reach deal to expand access to digital financial services in Egypt
Select merchants will now be able to offer Khazna services via Paymob’s integrated point of sale (POS) devices
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Clik2pay introduces direct-from-account payment for Shopify stores
The app is aimed at saving costs and expanding customer reach to those who don’t have credit cards
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Central Bank of Nigeria introduces first national payment card
AfriGo aims to boost financial inclusion and reduce pressure on local currency
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